2026 Stock Exchanges: Economic Developments and Market Trends

Key Developments from Last Week

Global stock markets have made a swift start to 2026 and are trying to find direction amid economic data. According to the Istanbul Chamber of Commerce (ITO) data, inflation in Turkey increased by 1.23% month-on-month in December. This data serves as an important signal for market expectations for investors.

Turkey's manufacturing PMI data rose from 48 to 48.90, remaining in the contraction zone. Additionally, the minutes from the last Federal Open Market Committee (FOMC) meeting highlighted that interest rates should remain steady.

Bitcoin and Cryptocurrencies

In the world of cryptocurrencies, Bitcoin has increased by 2.4%, while the total value of crypto assets has risen by 3.4%. These developments may lead investors to turn towards alternative investment vehicles.

Comprehensive Analysis of Borsa Istanbul

Borsa Istanbul finds itself at a critical juncture in light of these data. The inflation figures to be announced on January 5 will significantly impact market psychology. Companies that are quickest to adapt to rising liquidity conditions may stand out in this process.

Investors evaluating historical volatility and price movements as a critical filter are directing their attention to companies that are pricing in expectations early. A company's Beta coefficient can help them to stand out positively in periods of increased risk appetite.

Weekend Performance Reports

• Tesla (TSLA): Delivered 418,227 vehicles in Q4 2025, falling short of the market expectation of 423,000.
• Meta Platforms (META): The acquisition of Manus may strengthen the company's strategy regarding autonomous agents.
• Eli Lilly (LLY) and Novo Nordisk (NVO): Announced they would reduce prices for GLP-1 products due to local competition in the Chinese market.
• Aselsan (ASELS): Signed a contract worth 225 million euros with ASFAT.

Fear and Greed Index

Recent market movements have brought the fear and greed index back to the forefront. This index is considered an important tool for understanding investor market psychology.

Investors are closely monitoring not only Turkey's inflation figures but also global developments. The data to be announced in the coming days may help to reduce uncertainty in the markets.